The U.S. dollar is seen rising steadily against the yen in tandem with the US dollar, as the bulls now look towards the 107.70 resistance area, supported by the New York Fed's clarification on President Williams’ comments.
Indian shares gave up early gains to trade lower on Friday, with auto and financial stocks taking the brunt of the losses
China's yuan inched up against the dollar on Friday as the U.S. dollar came under pressure after a Federal Reserve official bolstered market bets of an interest rate cut later this month.
On a 4 hour chart the pair USDINR seems holding the 50 period simple moving average support at 68.75 mark
Gold on Friday surged above the key $1,450 level for the first time since May 2013, after comments from a top Federal Reserve official bolstered expectations of an interest rate cut, while fresh tensions in the Middle East further supported bullion.
The Indian rupee was trading higher against the greenback in early trade, as dollar index slipped to a two-week low
Oil prices climbed around 2% on Friday after the U.S. Navy destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows, elevating tensions in the Middle East.
The dollar was on the defensive on Friday after Federal Reserve officials bolstered expectations of an aggressive rate cut this month to address weakening
USD/INR – The Indian rupee opened higher against the dollar as comments by two Federal Reserve policymakers boosted the likelihood of a half a percentage-point U.S. interest rate cut this month. The rupee opened at 69.75 to the dollar compared with i
The Indian rupee is expected to open higher against the dollar as comments by two Federal Reserve policymakers boosted the likelihood of a half a